US

Mauldin: The 2011 Tax Hikes Will Kill The Economy

 

John Mauldin, President, Millennium Wave Advisors, LLC (5 min)

  • Mauldin: The 2011 tax increase will plunge us into a double-dip recession
  • Tax increases in 2011 would be too early–the recovery will not have really taken hold
  • What we need to do instead is cut major spending and increase taxes but gradually not all at once

Produced By: Kamelia Angelova & William Wei

More John Mauldin:
– Here’s Why Our Massive Debt Mountain Will Kill Us In The End

– We’re Still Heading For A Double-Dip Recession

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